1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mashutka [201]
2 years ago
5

Zhang Industries budgets production of 400 units in June and 410 units in July. Each finished unit requires 5 pounds of raw mate

rial K, which costs $6 per pound. Each month’s ending inventory of raw materials should be 20% of the following month’s budgeted production. The June 1 raw materials inventory has 400 pounds of raw material K. Compute the budgeted cost of purchases for raw material K for June.
Business
1 answer:
Vika [28.1K]2 years ago
7 0

Answer:

The correct answer is $12,060.

Explanation:

According to the scenario, the given data are as follows:

Production in June = 400 units

Production in July = 410 units

Each unit required = 5 pounds

Cost per pound = $6

So, June required raw material = 400 units × 5 pounds = 2000 pounds

For July required raw material = 410 units × 5 pounds × 20% = 410 pounds

So, required total raw material for June = 2000 pounds + 410 pounds - 400 pounds ( already in inventory)

= 2010 pounds

So, the total cost required for raw material in June = 2010 pounds × $6

= $12,060

Hence, the budgeted cost of purchases for raw material K for June is $12,060.

You might be interested in
What is the effective rate of a $25,000 interest-bearing simple discount 10%, 90-day note?
salantis [7]
The effective interest rate on a discounted note is
.. 1/(1-r) = 1/0.9 ≈ 11.11%

_____
The amount and time have nothing to do with it for simple interest.
5 0
3 years ago
Which best describes the business, management, and administration career cluster?
Arte-miy333 [17]

Answer:

are careers that are focused on running businesses.

Explanation:

The Business, Management, and Administration career cluster includes business skills essential to efficient, productive operations for any company (Administrative and information support, Business analysis, Business, financial management and accounting, Human resources, Management..) The Business, Management, and Administration career cluster is best described with the following: These are careers that are focused on running businesses.

Correct answer: A

4 0
1 year ago
Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? E
hjlf

Answer:

Net profit is more important.

Explanation:

Gross profit is the difference between revenue and costs of goods sold, which means you can have a positive gross profit but still because of other costs not be profitable. Whereas Net profit is the bottom line or profit after all the costs have been deducted from revenue. Net profit is more important because it takes into account all the costs and how much money the company is left with after all its expenditures where as gross profit only measures the difference between cost of goods sold and revenue. A company may have high gross profit because of low cost of goods sold but its interest payments maybe too high because of which it might not be making any net profit, so we cannot conclude much about success and profitability by only looking at gross profit.

5 0
2 years ago
Question 4 of 10
LenaWriter [7]
The answer is C lowering taxes while easing spending
4 0
2 years ago
Read 2 more answers
Suppose a team of researchers sequences the genome and measures the proteome of a human skin cell and a human kidney cell. will
kolezko [41]
Based on my knowledge, the most likely answer is that there would be no difference in the molecular makeup of the two cells, However, having different functions in the body there might be slight alterations in organelle.  Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
5 0
2 years ago
Other questions:
  • The allocative function of price cannot operate unless there is:
    12·1 answer
  • The curve that shows how much gdp is demanded at various price levels is called:
    5·1 answer
  • Cleared checks:
    10·1 answer
  • Which of the following is NOT a valid condition for denying a patent application?Select one:
    11·1 answer
  • Which of the following tasks would be very difficult using only a keyboard and text?
    7·2 answers
  • A company pays $1,900 for supplies previously purchased on account. Indicate the amount of increases and decreases in the accoun
    12·1 answer
  • A company has decided that it no longer needs to extensively count and inspect the products it buys from a particular supplier.
    13·1 answer
  • Jared is giving a speech on the devastating effects of poverty and hunger, and he decides to use some statistics to emphasize th
    14·1 answer
  • The CPI is 120 in year 1 and 150 in year 2. All inflation is anticipated. If Gringotts Bank charges an interest rate of 20.00 pe
    7·1 answer
  • On October 1, Gala Corporation has 300 units of Product XYZ on hand. The company plans to sell 1,200 units of Product XYZ during
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!